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Zhenjiang Dongfang Electric Heating Technology Co (SZSE:300217) Price-to-Tangible-Book : 1.44 (As of Sep. 21, 2024)


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What is Zhenjiang Dongfang Electric Heating Technology Co Price-to-Tangible-Book?

As of today (2024-09-21), Zhenjiang Dongfang Electric Heating Technology Co's share price is ¥3.66. Zhenjiang Dongfang Electric Heating Technology Co's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was ¥2.54. Hence, Zhenjiang Dongfang Electric Heating Technology Co's Price to Tangible Book Ratio of today is 1.44.

The historical rank and industry rank for Zhenjiang Dongfang Electric Heating Technology Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:300217' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.38   Med: 2.67   Max: 5.66
Current: 1.44

During the past 13 years, Zhenjiang Dongfang Electric Heating Technology Co's highest Price to Tangible Book Ratio was 5.66. The lowest was 1.38. And the median was 2.67.

SZSE:300217's Price-to-Tangible-Book is ranked better than
64.04% of 2825 companies
in the Industrial Products industry
Industry Median: 1.92 vs SZSE:300217: 1.44

A closely related ratio is called PB Ratio. As of today, Zhenjiang Dongfang Electric Heating Technology Co's share price is ¥3.66. Zhenjiang Dongfang Electric Heating Technology Co's Book Value per Sharefor the quarter that ended in Jun. 2024 was ¥2.70. Hence, Zhenjiang Dongfang Electric Heating Technology Co's P/B Ratio of today is 1.36.


Zhenjiang Dongfang Electric Heating Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for Zhenjiang Dongfang Electric Heating Technology Co's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Zhenjiang Dongfang Electric Heating Technology Co Price-to-Tangible-Book Chart

Zhenjiang Dongfang Electric Heating Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.81 2.51 3.21 2.77 2.18

Zhenjiang Dongfang Electric Heating Technology Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.72 2.32 2.18 2.04 1.48

Competitive Comparison of Zhenjiang Dongfang Electric Heating Technology Co's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Zhenjiang Dongfang Electric Heating Technology Co's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zhenjiang Dongfang Electric Heating Technology Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhenjiang Dongfang Electric Heating Technology Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Zhenjiang Dongfang Electric Heating Technology Co's Price-to-Tangible-Book falls into.



Zhenjiang Dongfang Electric Heating Technology Co Price-to-Tangible-Book Calculation

Zhenjiang Dongfang Electric Heating Technology Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2024 )
=3.66/2.539
=1.44

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Zhenjiang Dongfang Electric Heating Technology Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Zhenjiang Dongfang Electric Heating Technology Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhenjiang Dongfang Electric Heating Technology Co Business Description

Traded in Other Exchanges
N/A
Address
18 Wufengshan Road, Dagang, Zhenjiang New District, Jiangsu Province, Zhenjiang, CHN, 212132
Zhenjiang Dongfang Electric Heating Technology Co Ltd is a design and manufacturing company of high-performance electric heater types which include metal tubular electric heaters, stainless steel finned heaters and PTC heater metal.
Executives
Tan Rong Sheng Director
Jie Juan Executives
Wei Xiu Ping Executives
Jie Zhong Executives
Luo Yue Fen Executives
Leng Quan Fang Executives
Wang Hong Director
Tan Wei Directors, executives
Tan Ke Director
Zhao Hai Lin Supervisors
Xu Da Fang Director
Wang Shou Pei Executives
Leng Yin Hao Supervisors

Zhenjiang Dongfang Electric Heating Technology Co Headlines

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